Table 8 Moderating role of human capital level.
Variables | (1) Overall sample | (2) non-food-producing regions | (3) food-producing regions |
|---|---|---|---|
lnDFI | 0.083*** | 0.119*** | 0.042* |
(4.921) | (6.151) | (1.906) | |
lnHCL | −0.634* | −0.839* | 0.309 |
(−2.026) | (−2.041) | (0.656) | |
clnDFI_clnHCL | 0.230* | 0.225* | 0.143 |
(2.026) | (1.885) | (0.201) | |
Constant | 1.719** | 2.536** | −0.049 |
(2.086) | (2.621) | (−0.047) | |
Control variables | Yes | Yes | Yes |
R-squared | 0.138 | 0.291 | 0.229 |
Regional effect | Yes | Yes | Yes |
Clustering to provinces | Yes | Yes | Yes |
Obs. | 360 | 204 | 156 |
